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Stocks hit lowest level since 2020, revive fear of recession

Por: Portland Press Herald Business September 24, 2022

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Stocks fell sharply worldwide Friday on worries an already slowing global economy could fall into recession as central banks raise the pressure with additional interest rate hikes. The Dow Jones Industrial Average fell 1.6 percent, closing at its lowest level since late 2020. The S&P 500 fell 1.7 percent, close to its 2022 low set in mid-June, while the Nasdaq slid 1.8 percent. The selling capped another rough week on Wall Street, leaving the... + full article



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